From April 2026, sole traders and small business owners with gross income over £50,000 must move to quarterly digital reporting under Making Tax Digital for Income Tax. This guide explains what changes, what deadlines apply, and the five steps to get your business MTD-ready before April.
With 5 April 2026 fast approaching, now is the time to review your finances. From ISAs and pensions to capital gains and gifting, our checklist highlights the key allowances you should be making the most of before the tax year closes.
From April 2026, landlords with gross rental income over £50,000 must submit quarterly digital updates to HMRC under Making Tax Digital for Income Tax. Find out what changes, whether it applies to you, and what you need to do before the deadline.
HMRC’s biggest shake-up to self-assessment in a generation is almost here. From April 2026, sole traders and landlords earning over £50,000 must ditch the annual tax return and switch to quarterly digital reporting. Here’s everything you need to know — and what to do right now.
For the second consecutive year, WDS has been recognised as one of the Top 50 SME Apprenticeship Employers in the UK, proudly placing 31st on the 2025 list. Today, our […]
At WDS, our values aren’t just something we talk about – they’re lived every day by our incredible team. Each quarter, we take a moment to spotlight someone who has […]
As we approach the end of another tax year it’s always good tax planning to look at ways businesses, sole traders and partnerships can help reduce their tax liability. Sole […]
ake Control of Your Tax Planning Before the Deadline As the tax year draws to a close, now is the perfect time to review your finances and take action to […]
At WDS, we believe in fostering an inclusive and empowering workplace where talent thrives. As we celebrate International Women’s Day, we’re shining a spotlight on the incredible women within our […]
Employers need to start preparing for key payroll and HR updates that will take effect from April 2025. Here’s a breakdown of what’s changing and how it could impact your […]